154 Ridge Road

About this home

Prime mixed-use investment opportunity in the heart of Ridgeway! This well-maintained commercial property features 3 residential units and 1 commercial space, all fully tenanted and generating immediate rental income. Ideally located in a high-visibility area just minutes to major highways and the Peace Bridge, this property offers excellent long-term investment potential.The upper residential unit offers 2-3 bedrooms, 1.5 bathrooms, and a private balcony. The bachelor unit includes 1 bedroom and 1 bathroom, while the lower-level walk-out unit also features 1 bedroom and 1 bathroom. The commercial space is currently operating as a successful hair salon with convenient front parking and additional street parking available.The property also features a spacious rear yard and an insulated rear shed, ideal for additional storage or workspace. Each unit has its own air conditioning and separate heating system. The salon and upper unit are separately metered with utilities paid directly by tenants, while hydro for the bachelor and lower walk-out units is included in operating expenses. A solid income-producing property in one of Ridgeway's most desirable locations.

Details

Type

Commercial Retail

Lot

60.99 × 120 ft

Garage

None

Property tax

$5,694 (2025)

Neighbourhood

335 - Ridgeway

Municipality

Fort Erie

Heating, cooling and services

Air conditioning

Partial

Utilities

Yes

Building and exterior

Building area

2,445 Square Feet

More

Possession

TBD

Cross street

FARR AVE & HIGHLAND AVE